PUBLISHER: Lucintel | PRODUCT CODE: 1418335
PUBLISHER: Lucintel | PRODUCT CODE: 1418335
Rodenticide Trends and Forecast
The future of the global rodenticide market looks promising with opportunities in the agriculture field, warehouse, urban center, and pest control company markets. The global rodenticide market is expected to reach an estimated $2.6 billion by 2030 with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are increasing rodent population, growing urbanization, and rising concerns over pest-related diseases.
A more than 150-page report is developed to help in your business decisions.
Rodenticide by Segment
The study includes a forecast for the global rodenticide by type, mode of application, end use, and region.
List of Rodenticide Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies rodenticide companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rodenticide companies profiled in this report include-
Rodenticide Market Insights
Lucintel forecasts that anticoagulant will remain the larger segment over the forecast period because they are less harmful to humans and other animals than rodents.
Within this market, pest control companies will remain the largest segment due to the rising frequency of damage to walls and electrical wiring in commercial and residential buildings.
North America will remain the largest region over the forecast period due to the rise in residential communities and presence of major players in the region.
Features of the Global Rodenticide Market
Market Size Estimates: Rodenticide market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Rodenticide market size by type, mode of application, end use, and region in terms of value ($B).
Regional Analysis: Rodenticide market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, mode of applications, end use, and regions for the rodenticide market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rodenticide market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the rodenticide market size?
Answer: The global rodenticide market is expected to reach an estimated $2.6 billion by 2030.
Q2. What is the growth forecast for rodenticide market?
Answer: The global rodenticide market is expected to grow with a CAGR of 3.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the rodenticide market?
Answer: The major drivers for this market are increasing rodent population, growing urbanization, and rising concerns over pest-related diseases.
Q4. What are the major segments for rodenticide market?
Answer: The future of the rodenticide market looks promising with opportunities in the agriculture field, warehouse, urban center, and pest control company markets.
Q5. Who are the key rodenticide market companies?
Answer: Some of the key rodenticide companies are as follows.
Q6. Which rodenticide market segment will be the largest in future?
Answer: Lucintel forecasts that anticoagulant will remain the larger segment over the forecast period because they are less harmful to humans and other animals than rodents.
Q7. In rodenticide market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the rise in residential communities and presence of major players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.